Overview
What is Hbcu Career Development Marketplace Inc?
Hbcu Career Development Marketplace Inc is a nonprofit organization situated in Ellicott City, Maryland, at 6021 University Blvd Room 160. Their primary mission is to educate and inform students from Historically Black Colleges and Universities (HBCUs) as they transition into the workforce. They achieve this objective through hosting conferences and various events. This nonprofit organization is dedicated to enlightening HBCU graduates about corporate America, assisting them in navigating the professional world effectively.
Official website here: www.hbcucareermarket.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The Hbcu Career Development Marketplace Inc has received a 75% score from Charity Navigator, indicating a relatively strong performance in the area of accountability and finance. The organization boasts a fully independent board, which enhances its governance structure and ensures that decisions are made without conflicts of interest. Additionally, the charity has demonstrated a solid commitment to financial transparency, with a high program expense ratio of 72.01%, suggesting that a significant portion of its funds is directed toward its programs.
Despite these strengths, there are notable limitations in the charity's governance practices. While the organization has many policies in place, it is missing a whistleblower policy, which is a critical component for protecting individuals who report unethical behavior. Furthermore, the liabilities to assets ratio is concerning at 193.30%, indicating potential financial risks that could impact the organization's sustainability in the long term.
Overall, while Hbcu Career Development Marketplace Inc shows commendable accountability measures and effective program spending, addressing the gaps in its governance policies and improving its financial ratios could enhance its overall stability and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hbcu Career Development Marketplace Inc legitimate?
Hbcu Career Development Marketplace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hbcu Career Development Marketplace Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $356,465
For more financial information, click here
Official website here: www.hbcucareermarket.org
What is the mission statement of Hbcu Career Development Marketplace Inc?
The mission of HBCU Career Development Marketplace Inc, as a corporation with educational purposes, is primarily focused on enlightening students from Historically Black Colleges and Universities (HBCUs) about the intricacies of corporate America as they prepare to enter the workforce. This organization is dedicated to accomplishing this mission through various conferences and events, aiming to equip these students with the necessary knowledge and skills to navigate the corporate world effectively.
Official website here: www.hbcucareermarket.org
Who is the CEO of Hbcu Career Development Marketplace Inc?
Tariq Shane is the Chairman of Hbcu Career Development Marketplace Inc.
Official website here: www.hbcucareermarket.org
What is the revenue of Hbcu Career Development Marketplace Inc?
Hbcu Career Development Marketplace Inc's revenue in 2020 was $529,422.
Official website here: www.hbcucareermarket.org
Who are the executives of Hbcu Career Development Marketplace Inc and what are their salaries?
Where can I find the form 990 for Hbcu Career Development Marketplace Inc?
Hbcu Career Development Marketplace Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.hbcucareermarket.org
Learn more at the official website: www.hbcucareermarket.org
Mission Statement of Hbcu Career Development Marketplace Inc
HBCU Career Development Marketplace Inc, a nonprofit organization, is dedicated to an educational mission. Its primary goal is to enlighten students from Historically Black Colleges and Universities (HBCUs) about the corporate world as they embark on their professional journeys. By organizing conferences and various events, the corporation aims to fulfill this mission, providing valuable insights and information about corporate America to the new entrants from HBCUs. The organization's activities are geared towards bridging the gap between academic education and real-world corporate experiences, thereby empowering students to successfully transition into the workforce.
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Impact
July, 2024
Hbcu Career Development Marketplace Inc is making a significant impact by informing and educating students from Historically Black Colleges and Universities (HBCUs) about corporate America as they transition into the workforce. Through conferences and other events, the organization is actively working towards its mission of preparing these students for success in the corporate world. This direct engagement helps bridge the information gap and equips HBCU students with the knowledge and resources they need to thrive in their future careers.
This information is meant to be a general summary of Hbcu Career Development Marketplace Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $332,060
- Gross Receipts: $529,422
Assets and Liabilities:
- Total Assets: $27,935
- Total Liabilities: $54,000
- Net Assets: -$26,065
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Annual Conference and Other
Revenue
$332,060
Organization Details
Founding Year
2012
Phone
(443) 325-5020Principal Officer
Tariq Shane
Main Address
6021 University Blvd Room 160, Ellicott City, MD, 21043
Website
www.hbcucareermarket.orgNTEE Category
Code: T30 - Philanthropy
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